scholarly journals PROSPECTS FOR THE ESTABLISHMENT OF A SOVEREIGN WELFARE FUND IN UKRAINE IN THE CONTEXT OF RESPONDING TO THE LATEST CHALLENGES TO PUBLIC WELFARE

Author(s):  
Volodymyr Horyn ◽  
Viktoria Bulavynets

Introduction. In modern conditions, the problems of uncontrolled climate change, accompanied by the formation of new challenges to public welfare, become especially acute. The growing human impact on the environment leads to an increase in the number of emergencies, accompanied by a sudden sharp deterioration in the living standards of a large number of people. They also require significant efforts and financial resources to minimize their impact on public welfare. Reserve funds in the budgets are not able to fully meet the need for financial resources to eliminate negative externalities, which raises the question of finding new stabilization tools to address these issues. Methods. The research is based on a dialectical approach to cognition, which ensures its objectivity and complexity. General scientific methods are used in the process of research: analysis, generalization, systematization – to reveal the theoretical foundations of the problem; abstract and logical, argumentation – to develop a conceptual model for the establishment of the National Welfare Fund in Ukraine. Results. It is inserted that in modern conditions there is an increase in the role of sovereign welfare funds and the transformation of views on their purpose. At present, sovereign wealth funds are increasingly seen as a source of solving social and environmental problems. Contradictory attempts to establish special trust funds in Ukraine, which were somewhat similar to sovereign welfare funds, are highlighted. It is substantiated that in Ukraine there are prerequisites for the creation of a sovereign welfare fund, which will have positive economic and social consequences. A feature of the proposed concept of creating this fund in Ukraine is to secure for it the implementation of a program of temporary unconditional basic income, which will minimize the negative consequences of the latest challenges of global development for public welfare. Discussion. Further scientific research of the problem should include substantiation of organizational, legal conditions of functioning of the sovereign welfare fund in Ukraine, assessment of its optimal parameters, development of asset investment policy. Keywords: sovereign welfare fund, social welfare, basic unconditional income, financial resources, extraordinary circumstances.

2020 ◽  
Vol 16 (5) ◽  
pp. 905-919
Author(s):  
R.O. Voskanyan

Subject. The article addresses leader companies of the e-commerce market in terms of sales and capitalization, that make their financial statements publicly available. Objectives. The aim is to identify special aspects of capital structure management policies of the largest e-commerce players based on ratio analysis. Methods. The study employs general scientific methods of research. Results. The paper reveals the specifics of capital structure management of the global e-commerce market leaders. The leading companies prefer an aggressive approach to the formation of their capital structure, increasing the volume of borrowed capital in comparison with their equity. The management of companies tries to provide a moderate approach to capital structure management and debt servicing, demonstrating the ability to repay debts in a timely manner. Aggressive capital structure policy is conditioned by specific activities of e-commerce companies, requiring constant search for and attraction of additional financial resources for improving production processes by management. Conclusions. Key players have an aggressive capital structure policy. This feature is necessitated by the need to systematically attract additional financing to expand the business, increase sales volumes, capture and create new markets. E-commerce companies have to constantly improve technology, logistics processes, and render a good and excellent customer service.


2015 ◽  
Vol 1 (4) ◽  
pp. 0-0 ◽  
Author(s):  
Ольга Муратова ◽  
Olga Muratova

The article covers the question of the enforcement of acts of “soft” law — unformal sources of regulation of public relations. It is pointed in the article, that though acts of “soft” law are not the sources of law in traditional understanding, such acts are important practical regulators of private-law relations. The author gives the common characteristic of acts of “soft” law, makes comparative analyses with legal acts. Although the most attention in the article is paid to the legal effect of the enforcement of acts of “soft” law, first of all, from the view of regulation of private-law relations. While preparing the article the complex of methods was used, which lay on the basis of systematical and dialectical concepts. The main conclusion of the issue is the acknowledgement of the fact of the exercising of influence by the acts of “soft” law on regulation of private-law relations. This article is based on a combination of methods of cognition, which amounted to a systematic and dialectical approach. The author appeals to the general scientific methods (analysis, synthesis, induction, deduction) and to the specially-legal methods of learning: formal-legal, comparative legal, structural and functional.


Author(s):  
Nataliia Zhukovskaya ◽  
Elena Vladimirovna Kalinina

This article reviews the prerequisites, content and consequences of the impact of global processes on the sovereignty of modern states. The object of this research is the international legal relations and their peculiarities in the current context. The subject is the conditions and forms of restriction of sovereignty of national states, as well as contributing factors. Special attention is given to representations on the “fate” of sovereign rights and variants of their transformation reflected in the scientific literature, as well as change in the vector of development of globalization processes under the influence of strategy of the countries that act in accordance with their sovereign rights and national interests. The main method of “diluting” the state sovereignty are viewed based on the general scientific methods − induction and deduction, analysis, generalization, abstraction, modeling; sectoral methods of studying global processes: political scientific, statistical, formal-legal, specific-historical, and comparative. The research relies on the dialectical approach towards analyzing the concept of state sovereignty. The following conclusions were made: 1) modern world marks to multidirectional trends that testify to the transformation of state sovereignty, narrowing of its separate spheres in the conditions of globalization, or on the other hand, change in the vector of development of the global processes; 2) there is virtually no formal legal equality of the countries set by the leading norms of international law and underlying sovereignty; however, the national states continue demonstrating the resistance to global challenges; at the same time, the most “impregnable” for leveling sovereign rights is not the economy or politics, but cultural-historical values (the sphere of humanities); 3) in the conditions of globalization, the prospect of losing sovereignty depends on the degree of resistance to external challenges demonstrated by a particular state.


2019 ◽  
Vol 7 (4) ◽  
pp. 813-817
Author(s):  
Aleksej N. Nifanov ◽  
Andrey V. Sushkov ◽  
Abdurahman A. Shahbanov ◽  
Vasilij A. Zajcev ◽  
Elnur E. Veliev

Purpose: Taking into account the domestic experience, the present study was aimed at carrying out a comparative analysis of the constitutions of foreign countries in order to identify the norms related to the state support in them. Methodology: The present study was carried out based on a dialectical approach to investigate the legal phenomena and processes, using general scientific (system, logical, analysis and synthesis) and private scientific methods. Result: The findings of this study revealed the opportunity for the organization of various recipients of the declared support; and identification of alternative approaches to consolidation of the constitutional laws regarding the state support. Applications: This research can be used for universities and students in politic. Novelty/Originality: In this research, the model of constitutional fixing in foreign countries is presented in a comprehensive and complete manner.


Significance Concern about the need to preserve one of the SWFs to support the pension system is probably a major reason behind the rejection. The Ministry of Economic Development had already approved part of the 1.3 trillion ruble (25 billion dollar) transfer to Rosneft from the National Welfare Fund. The intra-ministry dispute highlights how state firms are looking to SWFs for unconventional government financial support in the face of sanctions-driven stress on Moscow's budget and restricted access to international capital markets. Impacts SWFs are helping to offset the impact of low oil prices and regional turmoil. The anti-crisis effort is boosting spending on infrastructure. Weaker exchange rates will increase the value of resources in domestic currencies.


The purpose of this work is to determine the essence of pre-trial prevention of insolvency of an economic entity, consider the content of this phenomenon, and study its use in order to prevent the existing negative consequences of insolvency proceedings in the economy. The methodological basis of the study comprises the general scientific dialectical method of cognition, which allows considering the institutions of law in the relationship, integrity, and development. Special and specific scientific methods are used: historical and legal, formal and logical, the method of comparative law. In order to achieve this result, the following more specific tasks are proposed: to determine the place of pre-trial prevention of insolvency of an economic entity within the framework of the institution of insolvency; to isolate the structure of the phenomenon of pre-trial prevention of insolvency; to determine the essence of the specific aspects of pre-trial prevention of insolvency; to analyze the features of individual procedures and develop proposals for the legal regulation of their conduct; to develop proposals to improve domestic insolvency law in order to ensure the possibility of preventing the negative consequences of bankruptcies in the pre-trial stages. Based on foreign experience, it is proposed to regulate the activities of domestic entrepreneurs in the field of pre-trial prevention of insolvency of economic entities at the legislative level.


2020 ◽  
Vol 10 (39) ◽  
pp. 5-19
Author(s):  
Vira I. Tymoshenko ◽  
Sergiy I. Maksymov ◽  
Larysa O. Makarenko ◽  
Оlena S. Kravchenko ◽  
Sergiy S. Kravchenko

The purpose of the article is to investigate the human rights threats associated with globalization, to identify the consequences of the transformation of human rights under the influence of globalization and to prevent them. The following issues were considered to achieve the research objectives: the essence of globalization, its positive and negative consequences were determined; the existing threats to human rights were identified; the main factors of crime in the age of globalization are described; crime is considered as a form of violation of human rights. The system of philosophical, general-scientific and special-scientific methods was applied to obtain reliable results, in particular: formal-logical, systemic, structural-functional, formal-legal methods and the method of comparison. The following statements have been established in the research process: сertain democratic values, including rights and freedoms, can be used as a means of geopolitical influence under the influence of globalization processes; such negative phenomena as extremism, terrorism, poverty are the causes of human rights violations; criminal threats cannot be considered outside the context of globalizing and humanitarian processes in a globalizing society; crime is one of the factors that affects social life and violates human rights, especially the right to life, liberty and personal integrity.


2020 ◽  
Vol 16 (4-1) ◽  
pp. 11-21
Author(s):  
Рушана Хазиева ◽  
Розалия Юсупова

This article focuses on information technologies and gives their classification. The advantages and disadvantages of the introduction of the latest information, telecommunication and cybernetic technologies are highlighted. The authors draw attention to the necessity to unite efforts of all countries regarding information security. It is emphasized that in modern conditions the information systems of one country are part of the global system, which in turn leads to the vulnerability of information systems and the possibility of external influence on politics and the economy. Purpose of the article: to show the positive and negative consequences of the achievements of information exchange. Methods: general scientific methods of theoretical knowledge, as well as general logical methods and research techniques are used. Results: In modern conditions of globalization and integration of various world systems, information security issues should remain a priority and be considered in close cooperation of all countries.


2019 ◽  
Vol 7 (4) ◽  
pp. 822-826
Author(s):  
Fedor F. Chaplickij ◽  
Marina V. Markhgeym ◽  
Marina S. Savchenko ◽  
Viktor N. Strukov ◽  
Sergey A. Zaporozhets

Purpose: This study was aimed at analyzing the constitutional consolidation of the oath in the states of Eastern Europe, using various criteria. Methodology: The present study was carried out based on a dialectical approach to investigate legal phenomena and processes, using general scientific (system, logical, analysis and synthesis) and private scientific methods. Result: The findings of the study were systematized with a certain sequence and set out taking into account recipients of the oath; identification of the oath as a legal fact for acquisition/loss of the legal status of a subject of public authority, and general and specific provisions in the texts of the oath. Applications: This research can be used for the universities, teachers and politic students. Novelty/Originality: In this research, the model of public authority in European countries is presented in a comprehensive and complete manner.


2021 ◽  
Vol 106 ◽  
pp. 02009
Author(s):  
Oksana Mamina ◽  
Ekaterina Kobzeva

The paper examines the new concepts of Russian legislation introduced into the mechanism of legal regulation with the entry into force of the Federal Law “On Experimental Legal Regimes in the field of Digital Innovations in the Russian Federation” and analyzes the first projects approved as part of its implementation. Thus, one of the actively implemented types of regulatory technologies, as shown in the article, is the “regulatory sandboxes”. The establishment of an experimental legal regime within the framework of the functioning of “regulatory sandboxes” means the application to legal entities and individual entrepreneurs of a special, different from the generally established legal regulation (special regulation and general regulation – in the definitions of the law under study). The article analyzes the prerequisites and possible results of the implementation of a flexible system of legal regulation aimed at stimulating the development of technologies and preventing possible negative consequences associated, inter alia, with the use of artificial intelligence. When writing the work, of general scientific methods were used (such as: dialectical, systematic, analysis, synthesis, induction, deduction, modeling, observation) and special private scientific methods of cognition (in particular, formal legal). In the course of using this methodology, the authors described in detail the distinctive characteristics and predictively outlined the features of a flexible system of legal regulation aimed at stimulating the development of technologies, as well as drew conclusions about the possibilities arising from the use of the mechanism of “regulatory sandboxes” in modern Russia.


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